Artificial Intelligence & Machine Learning , Events , Finance & Banking
Platform or Point Solutions? AI May Be Tipping the Scales
JP Morgan Equity Research Analyst Brian Essex Details AI's Impact, Emerging Threats
To platform or not to platform? That is the question facing many CISOs when it comes to managing cybersecurity vendors. Point solutions often provide the best defense against cutting-edge problems, but they also create vendor management and integration challenges. Platforms built by a single vendor can be simple and handle it all, but they may not do as well for emerging problems.
See Also: Why the Future of Security Is Identity
"There's always been this debate across the industry," said Brian Essex, executive director for U.S. software equity research at JPMorgan Chase & Co. "Do you buy a platform or best of breed?" Platforms are delivering more value due to gains in artificial intelligence and machine learning across the security software industry, and can assemble vast amounts of data and apply AI to more efficiently detect anomalies, Essex said.
"For the first time, we're starting to see segments of the industry emerge where platforms can actually give you better visibility and better protections as they leverage the efficiency of their platforms in this new generation of software," he said.
In this video interview with Information Security Media Group at RSA Conference 2024, Essex also discussed:
- Why ransomware attacks are becoming more sophisticated;
- Why AI is a "civilization-changing technology";
- The three layers of AI that enterprises must secure to ensure that sensitive AI doesn't leak.
Essex has been executive director of executive director for U.S. software equity research at JP Morgan for nearly two years. During his two-decade Wall Street career, he analyzed software and services for Goldman Sachs, Morgan Stanley and Invesco.
